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Greece PM says EU sleepwalking toward cliff, wants debt relief by end 2016


ATHENS Greece said on Sunday the EU was "sleepwalking towards a cliff" by sticking to austerity rules that created huge inequalities among members, and it expected a debt relief deal for itself to be honoured by end-2016 so that its economy could recover.


Slide in Greek residential property prices slows in second quarter 25 Aug 2016

ATHENS Greek residential property prices declined more slowly in the second quarter compared to the previous three-month period, suggesting they could be stabilising as a recession has eased.


EU warns Greece statistics row 'dangerous' for bailout 24 Aug 2016

BRUSSELS/ATHENS The European Union called on Greece on Wednesday to quash what Brussels said were false accusations the Greek statistics agency rigged data to help foreign creditors and warned that the row posed risks to Athens' current bailout programme.


Syrian refugees in discarded holiday homes dream of anything but Greece 18 Aug 2016

MYRSINI, Greece A small house close to the beach in western Greece is replete with a small rose garden, flowers in a vase, a thatched roof and a kennel, all created by its newly arrived refugee occupants.


Greece plans new migrant facilities to cut overcrowding on islands 18 Aug 2016

ATHENS Greece plans to reduce overcrowding at migrant camps on its islands, a government official said on Wednesday, to ease growing tensions and improve conditions that campaigners have called "disgraceful".

Military attaches, diplomats flee Turkey's post-coup inquiry 11 Aug 2016

ANKARA Two Turkish military attaches in Greece fled to Italy, others were caught overseas and some diplomats were on the run after being recalled as part of an inquiry into last month's failed military coup, Turkey's foreign minister said on Thursday.

Dealmaker Staveley eyes $2 billion opportunities in Greek bank loans 08 Aug 2016

LONDON PCP Capital Partners, the investment vehicle of dealmaker Amanda Staveley is looking at acquiring a strategic stake in a Greek bank and using it as a platform to invest up to $2 billion (£1.53 billion) in non-performing loans in the sector, Staveley said on Monday.

Greece rescues 70 migrants at sea off Lesbos 04 Aug 2016

ATHENS Greece on Thursday rescued 70 migrants at sea, the largest single influx from neighbouring Turkey since a failed coup there last month, authorities said.


Greece says EU-Turkey deal to stem migrant flow largely holding 03 Aug 2016

BERLIN A deal between the European Union and Turkey to stem a flow of migrants has largely held, though Athens is watching with concern events unfolding in Turkey, where an attempted coup was put down last month, Greece's migration minister told the German newspaper Bild.


IMF failed to push for crucial debt relief in 2010 Greek bailout - auditor 28 Jul 2016

WASHINGTON The International Monetary Fund failed to demand debt relief as part of Greece's 2010 bailout despite widespread staff views that this was critical to the programme's success, an internal audit report showed on Thursday.